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: one that holds real or personal property under a lease
Examples of lessee in a Sentence
the lessee has the right to expect the lessor to make all necessary repairs in a timely manner
Recent Examples on the Web
Prices for New York City commercial real estate leases vary, but the asking price for Spirit Halloween’s Chelsea location in southwest Manhattan is $100 per square foot for the 21,300 square foot ground floor for a permanent lessee.
—Ryan Baker, CNBC, 23 Oct. 2024
In other words, the $7,500 may be available for lessees but not for buyers.
—Greg Iacurci, CNBC, 18 July 2024
The lessee is nonprofit Safe Ground Sacramento, run by civil rights attorney Mark Merin.
—Theresa Clift, Sacramento Bee, 9 July 2024
Some deals only apply to a current lessee, a recent college graduate, someone in the military, someone who finances with a particular bank, or meets some other criteria.
—Susan Tompor, Detroit Free Press, 4 July 2024
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Word History
Dictionary Entries Near lessee
Cite this Entry
“Lessee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lessee. Accessed 24 Nov. 2024.
Kids Definition
lessee
noun
les·see
le-ˈsē
: a person holding or occupying property under a lease
Legal Definition
lessee
noun
les·see
le-ˈsē
: a person who has possession of real or personal property under a lease
specifically
: a tenant of real property under a lease
More from Merriam-Webster on lessee
Nglish: Translation of lessee for Spanish Speakers
Britannica English: Translation of lessee for Arabic Speakers
Britannica.com: Encyclopedia article about lessee
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